UK suspends some arm sales to Israel, citing humanitarian ‘risk’
Britain has suspended some arms sales to Israel, citing concerns the weapons could violate international humanitarian law. British Foreign Secretary David Lammy said on Monday Around 30 of the total 350 licences are set to be suspended with immediate effect as a result of an investigation commissioned after the July elections. The licences include equipment […]
UK suspends dozens of arms sales to Israel
Britain suspended dozens of arms exports to Israel shortly after Hamas killed six Israeli hostages, citing concerns the weapons could be used to violate international law. British Foreign Secretary David Lammy told lawmakers on Monday that the decision involved around 30 of 350 export licences for equipment, including military aircraft and drone parts and items […]
Culture secretary vows to end ‘rip off’ gig ticket sales and review surge pricing | Music
Ministers will review ticket price gouging after tickets to an Oasis concert more than doubled in price while on sale, the culture minister has confirmed. Lisa Nandy said the rise in ticket prices was “incredibly depressing”, with standard tickets increasing from £148 to £355 on the Ticketmaster website. The price increase was based on a […]
Soaring sausage sales could indicate economic turmoil as consumers turn away from costlier meats, expert reveals
As American families grapple with the effects of skyrocketing inflation, more people are turning to sausages as a meat substitute to cut back on their consumer spending. But some experts worry that the slight increase in sausage sales could signal deeper economic turmoil as the prices of basic goods continue to rise. “At the end […]
Major grocery chain ending tobacco sales
Stop & Shop, a major grocery chain, Announced this week The company announced that it would stop selling tobacco products. The East Coast chain has 360 stores in Massachusetts, Rhode Island, Connecticut, New York and New Jersey. The company said it would stop selling cigarettes and tobacco products by August 31 as part of its […]
Pending home sales tumble to record low in July
Contracts to buy existing homes in the U.S. fell to a record low in July as rising prices and higher borrowing costs drove potential buyers out of the market. The National Association of Realtors on Thursday Pending Home Sales IndexThe index, based on signed contracts, fell 5.5 percent last month to 70.2, the lowest since […]
Lego bucks toy industry woes, turning in 13% sales increase
While the rest of the toy industry struggles to break even, Lego continues to break sales records. The Danish toy block maker, which has a passionate following among adults and children, said on Wednesday that sales and operating profit for the first half of 2024 had reached record highs. Revenue rose 13% to $4.6 billion […]
Trump offering parts of his Biden debate suit with digital trading card sales
Former President Trump is offering some of the suits he wore during his debate with President Biden to supporters who purchase a new series of digital trading cards. The Republican presidential candidate unveiled a new trading card collection on Tuesday. The video was posted on Truth SocialThe new card set, called the “America First Collection,” […]
Nvidia sales likely doubled, but it may not impress investors
Barron’s market reporter Jacob Sonnenshein joins the Big Money Show to discuss how important NVIDIA’s earnings report is to the overall stock market. Nvidia is expected to report second-quarter revenue more than doubling on Wednesday, but investors accustomed to the company’s stellar performance will be hoping for more from the artificial intelligence chip giant. Beating […]
Sales of cheaper houses spiked in July: Analysis
Sales of the lowest priced homes surged in July, a sign that the housing sector, battered by interest rate hikes by the Federal Reserve, is recovering. Pending sales in the “starter home” category have increased 10.2% since July 2023, according to figures released Monday by real estate firm Redfin. That compares with a 6.5% decrease […]